Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
Disciplinary proportionality requires penalties for Authorised Representative misconduct to match proven harm, leading to reconsideration of registrat...
HC determined territorial jurisdiction for a cheque dishonour complaint under Section 138 of Negotiable Instruments Act. The court held that the complaint can only be inquired into and tried by the court within the local jurisdiction where the cheque was delivered for collection, specifically the bank branch of the payee or holder in due course. In this case, the cheque was presented at an ICICI bank branch in Noida, which was beyond the Trial Magistrate's territorial jurisdiction. Consequently, the Trial Magistrate's order was set aside, and the complaint was directed to be returned to the complainant for filing before the appropriate magistrate with proper territorial jurisdiction.
HC determined territorial jurisdiction for a cheque dishonour complaint under Section 138 of Negotiable Instruments Act. The court held that the complaint can only be inquired into and tried by the court within the local jurisdiction where the cheque was delivered for collection, specifically the bank branch of the payee or holder in due course. In this case, the cheque was presented at an ICICI bank branch in Noida, which was beyond the Trial Magistrate's territorial jurisdiction. Consequently, the Trial Magistrate's order was set aside, and the complaint was directed to be returned to the complainant for filing before the appropriate magistrate with proper territorial jurisdiction.
Note: It is a system-generated summary and is for quick reference only.